Property Prices in Gerritsen Beach, Brooklyn (11229)

Analysis of recent property sales — NYC Department of Finance data, all 5 boroughs

Last updated: 03/13/2026
$760,000
Median Price
$1,201,119
Average Price
938
Transactions
$785
Avg. Price / Sq Ft

Average Property Price in Gerritsen Beach

The average property price in Gerritsen Beach, Brooklyn (11229) is $1,201,119, based on 938 transactions recorded by the NYC Department of Finance. The median price is $760,000, giving a price range from $21,500 to $52,500,000.

The average price per square foot is $785.

Transaction Volume (Last 12 Months)

25-01 25-04 25-07 25-10

Recent Sales

Date Price Type Address Sq Ft $/Sq Ft
2025-12-29 $1,670,000 3-Family 2277 East 24Th Street 3,465 $482
2025-12-26 $980,000 1-Family 2121 East 17 Street 1,260 $778
2025-12-24 $1,550,000 1-Family 1752 E 23 St 1,020 $1,520
2025-12-23 $850,000 1-Family 1732 East 26 Street 1,452 $585
2025-12-23 $839,000 1-Family 2960 Avenue T 1,540 $545
2025-12-23 $900,000 1-Family 2191 East 21 Street 1,568 $574
2025-12-23 $310,000 Elevator Apt 2277 Homecrest Avenue, 2E
2025-12-22 $2,850,000 2-Family 2045 East 14 Street 2,812 $1,014

NYC Transfer Tax Calculator for 11229

NYC Transfer Tax
NYS Transfer Tax
Mansion Tax
Total Transfer Taxes
Effective Rate

NYC RPTT: 1% (≤$500K) or 1.425% (>$500K). NYS: 0.4%. Mansion Tax: 1% (≥$1M). Does not include mortgage recording tax.

Estimated Rental Yield in Gerritsen Beach

5.1%
Estimated Gross Rental Yield
Based on median price of $760,000 and average Brooklyn monthly rent of $3,200/month ($38,400/year).
Source: NYC rental market averages. Actual yields vary by property type and condition.
View all 938 comparable sales →

Nearby ZIP Codes in Brooklyn

Frequently Asked Questions

What is the average property price in 11229?
The average property price in Gerritsen Beach, Brooklyn (11229) is $1,201,119, with a median price of $760,000. This is based on 938 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 11229?
There have been 938 property transactions recorded in Gerritsen Beach, Brooklyn (11229) in the most recent data period, according to NYC Department of Finance records.
What are the transfer taxes when buying property in NYC?
When buying property in NYC, you may owe: NYC Real Property Transfer Tax (1% for sales ≤$500K, 1.425% for sales >$500K), New York State Transfer Tax (0.4%), and Mansion Tax (1% for sales ≥$1M, with higher brackets above $2M). Use the calculator above for an estimate.
What is the rental yield in 11229?
The estimated gross rental yield in Gerritsen Beach, Brooklyn (11229) is 5.1%, calculated from a median property price of $760,000 and average Brooklyn rents of $3,200/month.